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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (1227)8/27/2001 6:40:26 PM
From: Venditâ„¢  Read Replies (5) | Respond to of 8752
 
Feel free to post your TrendVue update here as you make them when you have time. I apologize that I don't post on your thread more often and will try to improve in that area if it is alright with you.

Based on todays action it would seem that traders of tech went into a neutral mode based on the candle which formed today, a "spinning top".

chart.bigcharts.com

Even though it is not, I have always marveled at how a 20 EMA line seems to serve as a resistance level. It is especially noticeable when looking at a 20 day Bollinger chart.

A short term base is forming in most time frames at 1900.

askresearch.com

I still think 1960 is possible intra-day this cycle but the trend seems to be bending ever so slightly. :-)



To: Teresa Lo who wrote (1227)8/27/2001 11:03:09 PM
From: sandintoes  Read Replies (1) | Respond to of 8752
 
A very good analogy, Teresa, and did you notice how we cleverly turned the conversation once again to food?